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    A

    PROJECT REPORT

    ON

    MARKET PENETRATION OF PRINTING PERIPHERALS

    SUBMITTED IN PARTIAL FULFILLMENT FOR THE AWARD OF DEGREE OF

    MASTER OF MANAGEMENT STUDIES

    (MUMBAI UNIVERSITY, MUMBAI)

    2012-13

    ROLL NO. 129

    SUJATA S SAWARDEKAR

    GUIDED BY

    PROF.PRAVIN MORE

    YMT COLLEGE OF MANAGEMENT

    INSTITUTIONAL AREA, SECTOR-4, KHARGHAR,

    NAVI MUMBAI. 410210

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    DECLARATION

    I hereby declare that the project entitled MARKET PENETRATION OF PRINTING

    PERIPHERALS(IMRB International) submitted to YMT College of management in

    partial fulfilment for the award of master of management studies of university of Mumbai is

    my original work and does not form any part of previously carried/conducted projects.

    Signature of student

    PLACE:

    DATE:

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    CERTIFICATE

    This is to certify that the project entitled MARKET PENETRATION OF PRINTING

    PERIPHERALS (IMRB International) submitted by Sujata Sawardekar in partial

    fulfilment for the award of Master of Management studies of University of Mumbai is his

    original and does not form any part of projects undertaken previously.

    Also it is certified that the project represents the original work on the part of the candidate.

    Place:

    Date:

    Signature of Director Signature of Guide

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    ACKNOWLEDGEMENT

    I would like to thank the University of Mumbai, for introducing the MMS course, there by

    giving the student a platform to keep abreast with the changing business scenario, with the

    help of theory as a base and practical as a solution.

    I would like to express my gratitude and sincere thanks to my Project Guide

    PROF. Pravin More, ymt college of management for instilling confidence in me to

    carry out this study and extending valuable guidance and encouragement from time to time,

    without which it would not have been possible to undertake and complete this project.

    I would like to thank my supervisor Ajinkya chavan patil (IMRB International) for

    guiding us throughout the summer project.

    I also wish to extend my appreciation to Director Dr. C.Babu sir, for his kind co-ordination

    and support. Last but not the least my colleagues for their valuable comments and

    suggestions for making this a cherishable experience for me.

    Signature of Student

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    TABLE OF CONTENTS

    SR.NO. TOPIC PAGE NO.1. INTRODUCTION

    1.1COMPONYPROFILE

    1.1.1HISTORY

    1.1.2OURACHIVEMENTGOAL

    1.1.3COMPANYSTRUCTURE

    1.1.4ORGANISATIONCHART

    1.2BUSINESSDIVISIONSANDSERVICES

    1.3COMPETITORS

    1.4 FORMULATING THE RESEARCH PROBLEM

    STATEMENT

    1.5OBJECTIVEOFSTUDY

    1.6NEED&SIGNIFICANCEOFTHESTUDY

    1.7BACKGROUNDOFSTUDY

    2. RESEARCHMETHODOLOGY

    2.1RESEARCHDESIGN

    2.1.1RESEARCHAPPROACHSURVEY

    2.2DATACOLLECTIONMETHODE

    2.3LIMITATIONSOFSTUDY

    2.4DEVELOPMENTOFHYPOTHESISANDITSTESTING

    2.5DATAEVALUATION

    3. DATAANALYSISANDINTERPRETATION

    4. FINDINGS

    5. SUMMARYANDCONCLUSION

    6. RECOMMENDATION

    7. ANNEXURE

    8. BIBLIOGRAPHY

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    1. INTRODUCTION

    1.1 COMPONY PROFILE

    Type Subsidiary

    Founded 1970

    Founder(s) Hindustan Thompson

    Associates

    Headquarters Mumbai, Maharashtra, India

    Services Research, Business

    Consulting and Survey

    Employees 1200

    About IMRB International

    IMRB is the vision of Mr. Subhas Ghoshal, the legendary head of HTA (now JWT).

    We are born out of conviction that good advertising can only be built on sound

    consumer insight. We are the University of the Indian market research. We are one of

    the top 20 Market Research companies in the world. IMRB was set up in 1970, a full

    37 years after BMRB was set up in UK by JWT.

    We are a part of WPP which is formed by Sir Martin Sorrell in 1985. WPP is a 8.68

    billion; revenue company with 138,000 employees in 2400 offices across 107

    countries. Kantar is WPPs research, insight & consultancy network. Kantar was

    founded in 1993, is now the worlds fourth largest research conglomerate. It boasts of

    $1.7 billion worth of revenue with offices in 160 offices across 95 countries.

    http://en.wikipedia.org/wiki/Types_of_business_entityhttp://en.wikipedia.org/wiki/Types_of_business_entityhttp://en.wikipedia.org/wiki/Subsidiaryhttp://en.wikipedia.org/wiki/JWThttp://en.wikipedia.org/wiki/JWThttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Maharashtrahttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Researchhttp://en.wikipedia.org/wiki/Management_consultinghttp://en.wikipedia.org/wiki/Management_consultinghttp://en.wikipedia.org/wiki/Statistical_surveyhttp://en.wikipedia.org/wiki/File:IMRB_logo_latest.jpghttp://en.wikipedia.org/wiki/Statistical_surveyhttp://en.wikipedia.org/wiki/Management_consultinghttp://en.wikipedia.org/wiki/Management_consultinghttp://en.wikipedia.org/wiki/Researchhttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Maharashtrahttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/JWThttp://en.wikipedia.org/wiki/JWThttp://en.wikipedia.org/wiki/Subsidiaryhttp://en.wikipedia.org/wiki/Types_of_business_entity
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    1.1.1 History

    IMRB was established in 1970 to provide market research services to the clients

    ofHindustan Thompson Associates. Early clients included FMCG companies such

    as Unilever, ITC,Ponds, and Horlicks. The initial decade saw rapid expansion into new

    areas of business, with the first qualitative study being conducted by the end of the decade,

    and IMRB pioneering psephology in India through an ongoing series of opinion poll surveys

    forIndia Today, that successfully predicted Congress victory in the 1980 general election.

    Subsequent decades saw the development of new verticals, with the creation of specialized

    units and the offering of several syndicated research products. IMRB also played an

    important role in the standardization of market research practice in India, and was

    responsible for the creation in 1983 of the Socio-Economic Classification system, a method

    now used across India to define target audiences. In 1987, as a founder member of the MRSI

    [disambiguation needed], it helped evolve industry wide codes of conduct, and standards for

    survey data collection that are still in use today.

    With the global acquisition ofJ. Walter Thompsonby SirMartin Sorrell in 1987, IMRB

    became a constituent ofWPP and continued its pace of growth, growing over 25% per

    annum through the 1990s under the leadership of Ramesh Thadani. The 1990s saw the

    creation of specialized units focusing on development research, employee

    satisfaction, loyalty programs, technology and media and the acquisition of several new

    multinational clients. IMRBs insights also played a role in the development of several new

    products for major Indian brands such as Marico, Bingo Chips, Godrej and Daburand by this

    time supported 40 out of top 50 brands in India.

    In 2002, as part of a process of rebranding, it changed its name from the Indian Market

    Research Bureau to IMRB International, adopted a new logo, and began a process of rapidly

    expanding its international services. This was accompanied by a shift from its offices

    at Esplanade Mansion to its current premises in Dadar, Mumbai. As part of geographical

    expansion, IMRB helped set up LMRBin Colombo, Sri Lanka in 1981 and AMRB in 1999

    with headquarters in Dubai and offices throughout Middle East and North Africa.

    In 1996, along with the Manufacturers Association for Information Technology (MAIT)

    IMRB initiated the periodic ITOPS survey which monitors the IT hardware market among

    households and businesses. Since 1998, in collaboration with the Internet and MobileAssociation of India (IAMAI), an industry body IMRB also started providing a series of

    http://en.wikipedia.org/wiki/JWThttp://en.wikipedia.org/wiki/FMCGhttp://en.wikipedia.org/wiki/Unileverhttp://en.wikipedia.org/wiki/ITC_Limitedhttp://en.wikipedia.org/wiki/Pond%27s_Creamshttp://en.wikipedia.org/wiki/Pond%27s_Creamshttp://en.wikipedia.org/wiki/Pond%27s_Creamshttp://en.wikipedia.org/wiki/Horlickshttp://en.wikipedia.org/wiki/Qualitative_researchhttp://en.wikipedia.org/wiki/Psephologyhttp://en.wikipedia.org/wiki/India_Todayhttp://en.wikipedia.org/wiki/Indian_National_Congresshttp://en.wikipedia.org/wiki/Indian_National_Congresshttp://en.wikipedia.org/wiki/SEC_Classification_(India)http://en.wikipedia.org/wiki/Target_audiencehttp://en.wikipedia.org/wiki/MRSIhttp://en.wikipedia.org/wiki/Wikipedia:WikiProject_Disambiguation/Fixing_linkshttp://en.wikipedia.org/wiki/JWThttp://en.wikipedia.org/wiki/Martin_Sorrellhttp://en.wikipedia.org/wiki/WPP_Grouphttp://en.wikipedia.org/wiki/Loyalty_marketinghttp://en.wikipedia.org/wiki/Maricohttp://en.wikipedia.org/wiki/Godrej_Grouphttp://en.wikipedia.org/wiki/Daburhttp://en.wikipedia.org/wiki/Watson%27s_Hotelhttp://en.wikipedia.org/wiki/Dadarhttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/w/index.php?title=Lanka_Market_Research_Bureau&action=edit&redlink=1http://en.wikipedia.org/wiki/Colombohttp://en.wikipedia.org/wiki/Sri_Lankahttp://en.wikipedia.org/w/index.php?title=AMRB&action=edit&redlink=1http://en.wikipedia.org/wiki/Dubaihttp://en.wikipedia.org/wiki/Middle_Easthttp://en.wikipedia.org/wiki/North_Africahttp://en.wikipedia.org/wiki/North_Africahttp://en.wikipedia.org/wiki/Middle_Easthttp://en.wikipedia.org/wiki/Dubaihttp://en.wikipedia.org/w/index.php?title=AMRB&action=edit&redlink=1http://en.wikipedia.org/wiki/Sri_Lankahttp://en.wikipedia.org/wiki/Colombohttp://en.wikipedia.org/w/index.php?title=Lanka_Market_Research_Bureau&action=edit&redlink=1http://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Dadarhttp://en.wikipedia.org/wiki/Watson%27s_Hotelhttp://en.wikipedia.org/wiki/Daburhttp://en.wikipedia.org/wiki/Godrej_Grouphttp://en.wikipedia.org/wiki/Maricohttp://en.wikipedia.org/wiki/Loyalty_marketinghttp://en.wikipedia.org/wiki/WPP_Grouphttp://en.wikipedia.org/wiki/Martin_Sorrellhttp://en.wikipedia.org/wiki/JWThttp://en.wikipedia.org/wiki/Wikipedia:WikiProject_Disambiguation/Fixing_linkshttp://en.wikipedia.org/wiki/MRSIhttp://en.wikipedia.org/wiki/Target_audiencehttp://en.wikipedia.org/wiki/SEC_Classification_(India)http://en.wikipedia.org/wiki/Indian_National_Congresshttp://en.wikipedia.org/wiki/India_Todayhttp://en.wikipedia.org/wiki/Psephologyhttp://en.wikipedia.org/wiki/Qualitative_researchhttp://en.wikipedia.org/wiki/Horlickshttp://en.wikipedia.org/wiki/Pond%27s_Creamshttp://en.wikipedia.org/wiki/ITC_Limitedhttp://en.wikipedia.org/wiki/Unileverhttp://en.wikipedia.org/wiki/FMCGhttp://en.wikipedia.org/wiki/JWT
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    annual syndicated research reports named I-Cube which surveys the online and mobile

    landscape in India. More recently, in 2010 IMRB launched the Web Audience

    Measurement (WAM) system, Indias first standardized internet audience measurement

    system based on a panel.

    1.1.2OURACHIEVEMENTGOALS

    IMRB has demonstrated its vision and leadership in the Indian market by establishing

    several industry wide measurement and rating systems. Notable amongst these is our

    pioneering role in establishing Indias first TV rating system (TAM) and the creation

    of social economic classification (SEC) system in India.

    We have won several prestigious awards. Amongst them the most noteworthy being

    the MR Agency of the year from 2005-2009. We have presented cutting edge research

    for several years at international forums including ESOMAR and won awards for our

    efforts. We have also been awarded the WPPs Atticus award jointly with JWT.

    1.1.3 Company Structure

    IMRB is headquartered in Mumbai, India. Its parent company is Hindustan Thompson

    Associates, which in turn is owned by Martin Sorrells WPP Group plc. Within WPP, IMRB

    is aligned with the Kantar Group, an umbrella network of global market research companies

    that together account for over $2 billion in revenues and form the worlds second biggest

    market research conglomerate.

    In India, IMRB International operates out of its five full service offices

    in Mumbai, Delhi, Kolkata, Chennai and Bangalore and is supported by 15 other regional

    centers for collection of survey information. Overseas, IMRB functions through its

    associates -AMRB-MENA in the Middle East and North Africa, with offices

    in Algiers, Dubai, Jeddah, Casablanca and Cairo; LMRB, with offices in Colombo and

    Sirius, headquartered in Dhaka.

    IMRB is currently headed by Thomas Puliyel, a market researcher with over thirty years of

    experience. As the oldest market research company in India, it has served as the training

    ground of many industry leaders including Dorab Sopariwala, Ranjit Chib and Meena

    Kaushik, who went on to found their own companies.

    http://en.wikipedia.org/wiki/WAM_(India)http://en.wikipedia.org/wiki/WAM_(India)http://en.wikipedia.org/wiki/JWThttp://en.wikipedia.org/wiki/JWThttp://en.wikipedia.org/wiki/Martin_Sorrellhttp://en.wikipedia.org/wiki/Martin_Sorrellhttp://en.wikipedia.org/wiki/WPP_Grouphttp://en.wikipedia.org/wiki/Kantar_Grouphttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Delhihttp://en.wikipedia.org/wiki/Kolkatahttp://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Bangalorehttp://en.wikipedia.org/w/index.php?title=AMRB-MENA&action=edit&redlink=1http://en.wikipedia.org/wiki/Middle_Easthttp://en.wikipedia.org/wiki/North_Africahttp://en.wikipedia.org/wiki/Algiershttp://en.wikipedia.org/wiki/Dubaihttp://en.wikipedia.org/wiki/Jeddahhttp://en.wikipedia.org/wiki/Casablancahttp://en.wikipedia.org/wiki/Cairohttp://en.wikipedia.org/w/index.php?title=Lanka_Market_Research_Bureau&action=edit&redlink=1http://en.wikipedia.org/wiki/Colombohttp://en.wikipedia.org/wiki/Dhakahttp://en.wikipedia.org/wiki/Dhakahttp://en.wikipedia.org/wiki/Colombohttp://en.wikipedia.org/w/index.php?title=Lanka_Market_Research_Bureau&action=edit&redlink=1http://en.wikipedia.org/wiki/Cairohttp://en.wikipedia.org/wiki/Casablancahttp://en.wikipedia.org/wiki/Jeddahhttp://en.wikipedia.org/wiki/Dubaihttp://en.wikipedia.org/wiki/Algiershttp://en.wikipedia.org/wiki/North_Africahttp://en.wikipedia.org/wiki/Middle_Easthttp://en.wikipedia.org/w/index.php?title=AMRB-MENA&action=edit&redlink=1http://en.wikipedia.org/wiki/Bangalorehttp://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Kolkatahttp://en.wikipedia.org/wiki/Delhihttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Kantar_Grouphttp://en.wikipedia.org/wiki/WPP_Grouphttp://en.wikipedia.org/wiki/Martin_Sorrellhttp://en.wikipedia.org/wiki/JWThttp://en.wikipedia.org/wiki/JWThttp://en.wikipedia.org/wiki/WAM_(India)http://en.wikipedia.org/wiki/WAM_(India)
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    1.1.4 Organisation chart

    President

    (Thomas. P)

    Research Feild

    Reginol feildderector

    (north)

    feild office

    feild director

    feild manager

    EIC

    TL

    FLP

    Reginol feild

    derector (east)

    feild office

    feild director

    feild manager

    EIC

    TL

    FLP

    Reginol feildderector

    (west)

    feild office

    feild director

    feild manager

    EIC

    TL

    FLP

    Reginol feildderector

    (south)

    feild office

    feild director

    feild manager

    EIC

    Tl

    FLP

    Analysis

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    1.2BUSINESS DIVISIONS AND SERVICES

    Given the specialized nature of its work, IMRB is organized into several independent

    business divisions that focus on specific areas of market research. It currently has 8 business

    units in addition to its oldest division-the quantitative research division.

    In addition to its eight specialized units, IMRB also has Abacus field offices that are

    responsible for the recruitment, administration and quality control of survey responses.

    http://en.wikipedia.org/wiki/File:IMRB_divisions_crop.jpg
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    While a significant amount of its work involves customized research such

    as usage studies, branding studies, public opinion research, concept testing, product testing,

    need assessment studies, packaging and label research, and market segmentation studies

    IMRB also offers a variety of syndicated research products and reports that are widely used

    as industry bench-marks ofconsumer behaviour, such as

    MarketPulse, a continuous monthly tracking of household purchases across various

    FMCG categories. The panel covers over 70,000 homes with 56,000 homes in urban and

    14,000 in rural India and is widely used as a benchmark for purchase, and pricing behavior.

    Its counterpart the Elite Household Panel tracks information in affluent, urban households

    WAM and RAM, which is a standardized audience measurement systems that sample

    web and radio audiences, and provide real time detailed segmented data on web usage

    behaviors

    ITops and ICube, syndicated annual research reports on the landscape of new

    technology in India

    TGI India, collaboration with TGI, which provides the largest single source marketing

    and media information covering data on consumer attitudes, motivations, media habits and

    purchase behavior.

    http://en.wikipedia.org/wiki/Usability_testinghttp://en.wikipedia.org/wiki/Brandhttp://en.wikipedia.org/wiki/Public_opinionhttp://en.wikipedia.org/wiki/Concept_testinghttp://en.wikipedia.org/wiki/Product_testinghttp://en.wikipedia.org/wiki/Packaginghttp://en.wikipedia.org/wiki/Labelhttp://en.wikipedia.org/wiki/Market_segmentationhttp://en.wikipedia.org/wiki/Consumer_behaviourhttp://en.wikipedia.org/wiki/MarketPulsehttp://en.wikipedia.org/wiki/WAM_(India)http://en.wikipedia.org/wiki/Target_Group_Indexhttp://en.wikipedia.org/wiki/Target_Group_Indexhttp://en.wikipedia.org/wiki/WAM_(India)http://en.wikipedia.org/wiki/MarketPulsehttp://en.wikipedia.org/wiki/Consumer_behaviourhttp://en.wikipedia.org/wiki/Market_segmentationhttp://en.wikipedia.org/wiki/Labelhttp://en.wikipedia.org/wiki/Packaginghttp://en.wikipedia.org/wiki/Product_testinghttp://en.wikipedia.org/wiki/Concept_testinghttp://en.wikipedia.org/wiki/Public_opinionhttp://en.wikipedia.org/wiki/Brandhttp://en.wikipedia.org/wiki/Usability_testing
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    How we are different?

    We add value to clients - real value. We develop a learning culture that fosters

    innovation and we also contribute to academia and policy makers. We have developed

    a sustainable working environment that is good and fair to us and our clients. We have

    the largest team of researchers and analysts with around 4 decades of leadership in the

    region. We have 26 offices in 12 countries each of them equipped with specialized

    units by research methods and industry sector. We have 4.4 million customer

    interactions every year.

    About methods and philosophy

    Our perspective is unique. Our approach is refreshing. And our solutions provide a

    comprehensive response to our clients needs, not packaged data but custom solutions

    for clients. We offer services with the integration of qualitative and quantitative tools.

    We are designed in India for India, our measures and scales are created to maximize

    sensitivity. We work together with TGI, Web-I, IMRB Retail, Market Pulse, ITOPS

    and ICUBE. Our passion is to drive your business growth by combining consumer

    understanding and brand knowledge with intuition and innovation.

    Clients

    Our top clients include BAT Group, Bharti Group, Cadbury, Ford Group, Frito Lay,

    Glaxo Smithkline, Heinz, Indian Airlines, Intel, ITC Group, Millward Brown, Nestle,

    Pepsi Group, Reckitt Benckiser, Research International, TVS Motors, Unilever Group,

    VST and so on.

    A few words from two of our esteemed clients:

    As a team they produce thoughtful proposals, excellent fieldwork and presentations.

    They are constantly involved in the work. They feel like a version of our own

    office

    IMRB showed a high degree of professionalism, rigor and discipline. An excellent level of

    client servicing, need fulfilment, pro-activeness and analytical focus.

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    1.3 COMPETITORS

    ACNielsen

    ACNielsen is one of the global leader in market research, information and analysis.

    Ad Point

    Ad Point is a Rajkot-Gujarat based Ad Agency that provide all kinds of services related to

    media and promotion.

    Advanced Strategies Pvt. Ltd.

    Established in India in 2001 as Indias premier knowledge based emerging marketdevelopment company.

    Ameya Dyechem Pvt. Ltd.

    Ameya is one of the Fastest Growing Professionally Managed Industrial Marketing

    Company in India. They are present in almost all Industrial segments in Indian Markets.

    Asons Enterprise

    Asons Enterprise is an Industrial Marketing company based in Chennai.It is in existence for

    the past 10 years providing quality Hardware products and machineries to the retailers in

    India.

    Business Development Bureau (India) Private Limited

    Business Development Bureau (India) Private Limited at Pune, India -- Business Growth

    through Market Research

    Business Development Bureau India Pvt Ltd

    Providing business market research, global business market research, industrial business

    market research, international business market research and corporate business market

    research services.

    http://explore.oneindia.in/detail/2/acnielsen-co-in.htmlhttp://explore.oneindia.in/detail/1/adpointindia-com.htmlhttp://explore.oneindia.in/detail/2/astrategies-com.htmlhttp://explore.oneindia.in/detail/5/ameyaindia-com.htmlhttp://explore.oneindia.in/detail/6/corroshield-net.htmlhttp://explore.oneindia.in/detail/5/bdbmr-co-in.htmlhttp://explore.oneindia.in/detail/8/marketresearchindia-org.htmlhttp://explore.oneindia.in/detail/8/marketresearchindia-org.htmlhttp://explore.oneindia.in/detail/5/bdbmr-co-in.htmlhttp://explore.oneindia.in/detail/6/corroshield-net.htmlhttp://explore.oneindia.in/detail/5/ameyaindia-com.htmlhttp://explore.oneindia.in/detail/2/astrategies-com.htmlhttp://explore.oneindia.in/detail/1/adpointindia-com.htmlhttp://explore.oneindia.in/detail/2/acnielsen-co-in.html
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    Capital 4U

    Offers services such as stock cash, stock future, nifty tips, strategy options, commodity and

    NCDEX services.

    Cherry International

    Cherry International (CI) is led by Rajan Cherian, a mechanical engineer from BITS Pilani,

    with over 20 years of marketing experience in dealing with Government and Private Sector

    in India. Cherry Offers marketing research, business strategy and other services to help

    Australian companies do business in India.

    Data Search (P) Limited

    Data Search (P) Limited is one of the largest Market Research Field Organisation in India.

    DSPL offers complete range of market research field activities and hence organise both

    qualitative and quantitative research.

    http://explore.oneindia.in/detail/11/indiamart-com-capital4ufinancesolutions.htmlhttp://explore.oneindia.in/detail/5/cherryinternational-com-au.htmlhttp://explore.oneindia.in/detail/2/datasearchindia-com.htmlhttp://explore.oneindia.in/industry/advertisingandmarketing/marketresearchcompanies/http://explore.oneindia.in/industry/advertisingandmarketing/marketresearchcompanies/http://explore.oneindia.in/detail/2/datasearchindia-com.htmlhttp://explore.oneindia.in/detail/5/cherryinternational-com-au.htmlhttp://explore.oneindia.in/detail/11/indiamart-com-capital4ufinancesolutions.html
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    1.4FORMULATING THE RESEARCH PROBLEM STATEMENT

    The company has its own challenges and problems in a particular field. The IMRB

    INTERNATIONAL provides the services in the area of market research, consultancy, help

    in making decisions to other company and many more. For service Sector Companys

    emphasis has been on understanding the customer. Today, firms have realized that their

    ability to compete is independent on their relationship with their target customers.

    Based on this understanding, the IMRB INTERNATIONL, on behalf of GATI

    COURIER COMPANY want to know whether the innovative product should be launched or

    not with the help of project PIGEON.IMRB INTERNATIONAL wants to know more about

    the satisfaction level of HOME SHOP-18 customers and their relationship towards

    customers with the help of project JAB MAN CHAHE-III. The company also want to know

    the competitors promotional activities and its impact on the business and the customers. So,

    in this context, the given title of the project is very essential for the company point of view.

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    1.5 OBJECTIVE OF STUDY

    To study the customers satisfaction level of different companies towards the services

    provided by them through market research company IMRB INTERNTIONAL.

    To study the demand for the new product before launching in the market.

    To analyze the promotional activities

    To study the competitors phenomenon towards the customers relationship and

    promotional activities.

    To study the overall service after sales facility offered by different companies

    through IMRB INTERNATIONAL.

    To identify the customers suggestions with respect to various services provided by

    various firm through IMRB INTERNATIONAL.

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    1.6NEED &SIGNIFICANCE OF THE STUDY

    What type of customer will buy the product or service?

    Where are these customers located?

    How often do they use it?

    What is the Competition?

    What are people paying?

    What is the Potential for the Market to Develop?

    What is my share of the Market?

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    1.7 BACKGROUND OF STUDY

    As an intern I was selected in IMRB INTERNATIONAL as a data collector. I enrolled

    with them from 2nd of may 2011. They assigned me a project on 15 th ofmay 2011 called I-

    Tops in which I suppose to get the information of customers and shop owners about IT

    peripherals, with the help of questioner given to me.

    Project[I-TOPS]

    PRINTING PERIPHERALS

    I-tops want to test market penetratation of printing peripherals. IMRB which is market

    research company, they assigned me 1 project called I-tops in which i have to to do theresearch ( data collection ) about its new printer.

    Idea was to make aware of new printer, i.e office jet pro. This idea deals with those printers,

    who delivers quality prints enable with web related function.

    Research is to be done on Outlets, factories, offices, banks, hospitals and service

    organisations which type of printer they are using (Dot matrix printer, Ink-jet printer,

    laser printer)

    Which printer they are using?

    For what purpose they are using their printers?

    How many cartridges have they purchase in last 1 year?

    How many bundles/rims of printers does their establishment use in a month?

    Are they aware of office jet pro?

    If no. den we have to explain them about office jet pro, its functions

    If yes, then are they using office jet printer? If yes, then why> and if no, then why?

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    DOTMATRIX PRINTER

    A dot matrix printer or impact matrix printer is a type of computer printer with a print head

    that runs back and forth, or in an up and down motion, on the page and prints by impact,

    striking an ink-soaked cloth ribbon against the paper, much like the print mechanism on

    a typewriter. However, unlike a typewriter or, letters are drawn out of a dot matrix, and thus,

    varied fonts and arbitrary graphics can be produced. Because the printing involvesmechanical pressure, these printers can create carbon copy and carbonless copy paper.

    Features of Dot-matrix printer

    low purchase cost.

    can handle multipart forms.

    cheap to operate, just new ribbons.

    rugged and low repair cost.

    noisy.

    low resolution. You can see the dots making up each character.

    Not all can do colour.

    Colour looks faded and streaky.

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    INK-JET PRINTER

    An inkjet printer is a type of computer printer that creates a digital image by propelling

    droplets of ink onto paper. Inkjet printers are the most commonly used type of printer and

    range from small inexpensive consumer models to very large professional machines that can

    cost tens of thousands of dollars.

    Features of Ink-jet printers

    Increased efficiency, reduced production cost,

    Faster response, just in time customisation,

    Zero setup cost, cost effective,

    Reduced inventory,

    Many applications

    Less speed compare to laser printer

    It dosent last forever, replacementparts arent common or readily available.

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    LASER PRINTER

    A laser printer is a common computer peripheral that rapidly profuse high quality text and

    graphics on plain paper. As with digital photocopiers and multifunction printers (MFPs), laser

    printers employ a xerographic printing process, but differ from analogy photocopiers in that

    the image is produced by the direct scanning of a laser beam across the printer's

    photoreceptor.

    Features of Laser printer

    Colour printing is possible

    Print quality is good

    Noiseless

    Printing speed is high

    Most models are relatively light weight and compact so they don't take up too muchspace on the desk

    Not be the printer of choice for everyone, Due to the cost of ink, running an inkjet

    printer over time is a more expensive than a laser printer.

    Prints emerge from the printer slightly wet and may need time to dry.

    Printing is slower and therefore inkjets aren't designed for high volume printing

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    Office jet pro printer

    1. Office jet pro is a printer with ability to deliver quality prints enabled with web

    related functions. ( copy, scan, fax functions are available in-all-in one office jet pro )

    Key elements of office jet pro

    Professional colour print at a lower cost

    Take prints while on the move web enabled

    Print speeds equivalent to a laser printer

    Versatility in copy and scan solution

    Exceptional energy and resource savings

    Advantages of office jet pro

    50% lower cost than laser printer

    Consumes 50% less paper than laser printer

    Consumes 50% less energy than laser printer

    70% less supplies and packaging weight compared with laser printer

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    2. RESEARCH METHODOLOGY

    RESEARCH:

    A way of examining your practice

    Research is undertaken within most professions.

    More than a set of skills, it is a way of thinking: examining critically the various

    aspects of your professional work.

    It is a habit of questioning what you do, and a systematic examination of the observed

    information to find answers with a view to instituting appropriate changes for a more

    effective professional service.

    DEFINITION OF RESEARCH

    When you say that you are undertaking a research study to find answers to a question,

    you are implying that the process;

    1. Is being undertaken within a framework of a set of philosophies

    ( approaches);

    2. Uses procedures, methods and techniques that have been tested for their

    validity

    and reliability;

    3. Is designed to be unbiased and objective.

    Philosophies means approaches e.g. qualitative, quantitative and the academic

    discipline in which you have been trained.

    Validity means that correct procedures have been applied to find answers to a

    question. Reliability refers to the quality of a measurement procedure that provides

    repeatability and accuracy.

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    Unbiased and objective means that you have taken each step in an unbiased

    manner and drawn each conclusion to the best of your ability and without

    introducing your own vested interest.

    (Bias is a deliberate attempt to either conceal or highlight something).

    Adherence to the three criteria mentioned above enables the process to be called

    research.

    However, the degree to which these criteria are expected to be fulfilled varies from

    discipline to discipline and so the meaning of research differs from one academic

    discipline to another.

    The difference between research and non-research activity is, in the way we find

    answers: the process must meet certain requirements to be called research. We can

    identify these requirements by examining some definitions of research.

    The word research is composed of two syllables, re and search.

    re is a prefix meaning again, anew or over again

    Search is a verb meaning to examine closely and carefully, to test and try, or to probe.

    Together they form a noun describing a careful, systematic, patient study and

    Investigation in some field of knowledge, undertaken to establish facts or principles.

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    2.1 RESEARCH DESIGN

    A research design is the logical and systematic planning and directing of piece of research. It

    attempts to integrate various aspects of the research study. It brings the various phases of

    research under the control of the researcher. The design also takes in account the availability

    of time, energy and other resources at disposal. The word design suggests a research plan or

    design in purposive. It also brings out the interrelationship between all these phases and

    highlights the implication of every step with reference to the previous as well as further steps

    in study. It thus helps the researcher to better appreciate the study in its totality.

    1. Research approachSurvey

    2. Data sourcePrimary3. Research instrumentQuestionnaire

    4. Sampling planproject A[40] & project B[80]

    5. Data analysis

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    2.1.1 RESEARCH APPROACHSURVEY

    The project has to be continuing with survey method. It is one of the effective and best

    methods of collecting primary data

    There are different research approaches and the research instrument that were

    employed during the research work. The common research approaches for collecting the

    primary data are observations, focus group, surveys and experiments.

    In this case, a general survey to gain knowledge about the market, commonly know as

    the pilot survey was undertaken where particularly information was gathered wit respect to

    brands, people/ consumer perception so that it serves as a foundation to prepare the

    questionnaire for collecting primary data and that it helps in deciding other methods to be

    adopted which may be useful in gathering the necessary information.

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    2.2 DATA COLLECTION METHODE

    I supposed to get data from respondent who was satisfied as well as not satisfy with the

    product and service. This informations are nothing but the systematically processed and

    relevant ideas. So, in other words we can say that, Information Is out Come of Processed

    Data.

    Here, I supposed to get only primary data with the help of questioner provided to me by

    IMRB International. I have collected data for qualitative and quantitative research as well.

    Primary data

    In this project primary data has been collected by:

    Interviews with IT head or owner

    Interviews with existing customer for collecting of background information such as:

    liking of service of company, product quality, complaint handling techniques, appeal

    of the product, and attraction of the product.

    Deep going discussions have been done with current customer of office jet pro printereven to apply information and further discussions after the questionnaires.

    Questionnaires have been used for extracting information from customers and owner.

    The questionnaires are used to get exactly and comparable answers in questions.

    Primary data has given answer in following questions in each of the studied markets:

    Competitors name and position

    Employee size and no. of printing peripherals

    Customers and the different segments they belongs.

    Awareness of OFFICE JET PRO printer.

    Services of the company

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    Perception of potential customers towards their service and products .

    It is collected to solve a problem or take the advantage of the opportunity on

    which decision is pending. In this project the primary data is collected through a survey and

    well designed questionnaire. It is of close ended questions of multiple choices.

    PROJECTITOPS

    I had to collect the data from factory owners, IT head of the office, service

    organizations.

    I had to collect the data from the retailers. These retailers were grocery stores,

    stationary stores and medical stores. It was divided into organized and unorganized

    stores. I had to take the interview from both organized and unorganized stores to

    know whether they are using any printer or not. Organized stores are those stores

    which have only one branch and unorganized stores are those stores which have

    more than one branch.

    I have to take the interview of around 20 minutes from the owner of the stores or

    office.

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    THE BASIC TYPES OF RESEARCH ARE AS FOLLOWS:

    Descriptive vs. Analytical:

    Descriptive research includes surveys and fact-finding enquiries of different kinds. The

    major purpose of descriptive research is description of the state of affairs as it exists at

    present. In social science and business research we quite often use the term Ex post facto

    research for descriptive research studies. The main characteristic of this method is that the

    researcher has no control over the variables; he can only report what has happened or what is

    happening. In analytical research, on the other hand, the researcher has to use facts or

    information already available, and analyze these to make a critical evaluation of the material.

    Applied vs. Fundamental:

    Research can either be applied (or action) research or fundamental (to basic or pure) research.

    Applied research aims at finding a solution for an immediate problem facing a society or an

    industrial/business organisation, whereas fundamental research is mainly concerned with

    generalisations and with the formulation of a theory. Research studies, concerning human

    behavior carried on with view to make generalizations about human behavior, are also

    examples of fundamental research, but research aimed at certain conclusions facing a

    concrete social or business problem is an example of applied research.

    Conceptual vs. Empirical:

    Conceptual research is that related to some abstract idea(s) or theory. It is generally used by

    philosophers and thinkers to develop new concepts or to reinterpret existing ones. On the

    other hand, empirical research relies an experience or observation alone, often without due

    regard for system and theory. It is data based research, coming up with conclusions which

    arc capable of being verified by observation or experiment.

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    Quantitative vs. Qualitative:

    Quantitative research is based on the measurement of quantity or amount. It is applicable to

    phenomena that can be expressed in terms of quantity. Qualitative research, on the other

    hand, is concerned with qualitative phenomenon, i.e., phenomena relating to or involving

    quality or kind.

    ProjectI-TOPS [Quantitative & Qualitative research]

    Office jet pro printer

    In this project i have used Quantitative & Qualitative research. Further you can see all

    different types of questionnaire Quantitative as well as Qualitative with sample size of 40.

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    SCOPE OF STUDY

    ProjectITOP [Quantitative & Qualitative research]

    Office jet pro printer

    The scope of the study was limited to Mumbai city. As the sample size was 40 respondents

    only. In todays cut throat competition to increase the market share there is need to satisfy

    the customers needs and wants. For this purpose all organizations are required to conduct

    research work to understand customers needs and expectation from the company.

    GEOGRAPHIC SCOPE

    ProjectI-TOPS

    The research is conducted in the Mumbai city, in the major areas where most of the shop and

    commercial offices established. So covering these major areas can make a good

    representative sample.

    The areas were-

    Andheri, Bnadra, Kurla, Dadar, Thane, Vashi, Belapur, Ghatkopar, dombivli etc.

    TIME SCOPEI had given a period of one month. The areas that I am supposed to cover were

    manageable in this period. I started my project from 15th May, 2011 till 19th June 2011.

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    2.3 LIMITATIONS OF STUDY

    In case of:-

    ProjectI-TOPS

    Limited area has been given to me.

    I have to get the interview of only shop owners, directors and IT head..

    Time frame given to was 15thmay to 19th June.

    I have to meet two type of shop owner

    o Organized

    o unorganized

    I must have to get data of IT heads who are taking decision of IT peripherals.

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    2.4 DEVELOPMENT OF HYPOTHESIS AND ITS TESTING

    What is a Hypothesis?

    A hypothesis is the assumption that we make about the population parameter. This can be

    any assumption about a population parameter not necessarily based on statistical data.

    ProjectI-TOPS

    A sampe of 20 is done at factories and outlets, and remaining 30 samples are done at offices.

    A sammple of 5 customers in each area i.e. in Dombivli, Thane, Ghatkoper, Kurla, Dadar,

    Andheri, Bandra, Airoli, Vashi and Belapur showed that 20 offices and 4 outlets were using

    new innovative office jet pro printer. We can say that the observed discrepancy is due to

    fluctuation of sampling or that of proportions of customers in favour of new innovative

    office jet pro printer is used higher in office area.

    HO: - A = B

    H1:- A > B

    A and B are proportions of customers in favour of new innovative office jet pro printer in

    office area and other area [factories, outlets] area respectively.

    A = 20/30 = 0.69

    B = 4/20 = 0.20

    t = (A-B) / pq(1/n1+1/n2)

    p = (20+4)/50 = 0.48

    q = 1-0.48

    = 0.52

    t = (0.69-0.20)/(0.48*0.52)(1/30+1/20)

    t = 3.5

    Tail = 2.546

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    t table = 1.64

    We are carrying out one sided test.

    t calculated is more than t table

    We do reject Ho at 5% level.

    Hence we conclude that customers are not in favour of office jet pro printer.

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    2.5 DATA EVALUATION

    All the data collected was filtered & only relevant data is introduced in the report which

    helped in achieving objective of the project. This relevant data is finally analyzed andevaluated to make the final report and to deduce final conclusion.

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    3. DATA ANALYSIS AND INTERPRETATION

    Data analysis is the process of transforming raw data into usable information, often

    presented in the form of a published. The process of evaluating data using analytical andlogical reasoning to examine each component of the data provided. This form of analysis is

    just one of the many step that must be completed when conducting a research experiment.

    Data from various sources is gathered, reviewed, and then analyzed to form some sort of

    finding or conclusion. There are a variety of specific data analysis method, some of

    which include data mining text analytics business intelligence, and data visualizations.

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    ProjectI-TOPS

    USAGE OF PRINTER

    INTERPRETATION

    From the above graph we can see that 95% respondents were using printers, and only 5% respondents

    were not using printer. So that I can say that, in todays world, printer is very important for any

    organisation.

    YES

    NO

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    USERS OF PRINTER

    INTERPRETATION

    I have allotted 9-10 areas which was Dombivli, Thane, Ghatkoper, Kurla, Andheri, Bandra,Vashi and Belapur. I got good response from Vashi, Belapur and Andheri, because of the

    income and standard of living of the respondents. Responses from Dombivli and Kurla was

    bad because they wee telling that why should I purchase Office-jet printer for printer while

    I can use my printer, I am satisfied with my printer.

    From the above graph I came to know that 50% of the users were using Laser printer, 30%

    users were using OJ pro printer, 12% users were using Ink jet printer and 8% users were

    using Dot matrix printer.

    0

    2

    4

    6

    8

    10

    12

    14

    16

    18

    20

    Dot-matrix Ink-jet Laser Office-jet pro

    offices

    factories

    outlets

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    AWARENESS OF OFFICE-JET PRO PRINTER

    INTERPRETATION

    Most of the respondents were aware of Office-jet pro printer. Some respondents do have

    some type of business with office-jet pro printer so they do aware of the product, and some

    of respondents do not have any idea about this printer, so they do not aware of this printer.

    0

    5

    10

    15

    20

    25

    30

    35

    Factories Outlets Offices

    Aware

    Unaware

    Total

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    LIKENESS TO PURCHASE OF OFFICE JET PRO PRINTER

    INTERPRETATION

    Refer to the above graph I can say that most of the respondents were extremely liked to

    purchase this Office-jet pro printer. Some respondents were in neutral zone, and very few

    respondents were not interested or not at all like to purchase this printer.

    0

    0.5

    1

    1.5

    2

    2.5

    3

    3.5

    4

    4.5

    Extreme likely somewhat likely neautral somewhat not

    likely

    not at all likely

    Column1

    Series 2

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    REASONS FOR USING OJ PRO PRINER

    INTERPRETATION

    From the above graph I came to knw that 55% of the users were planning to buy OJ pro

    printers because it offers lots of features, 25% of the users were planning to buy this printer

    because it saves energy and resources, 15% of the users were planning to buy because it has

    affordable price and 5% users were planning to purchase this printer because it provides low

    cost of ownership.

    So i can say that this OJ pro printer is beneficial for any organisation because it provides lot

    of features, low cost of ownership, even it helps to save an energy and resources and it has

    affordable price.

    0

    0.1

    0.2

    0.3

    0.4

    0.5

    0.6

    affordable price low cost of

    ownership

    lot of features helps to save

    energy and

    resource

    reasons

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    REASONS FOR NOT USING OJ PRO PRINTER

    INTERPRETATION

    From the above graph we can see that, 50% of the users were not interested to buy OJ pro

    printer because its new to the market, 30% of the users were not interested because they were

    satisfied with their own printer and 20% of the users were not interested to buy this printer.

    0

    0.05

    0.1

    0.15

    0.2

    0.25

    0.3

    0.35

    0.4

    0.45

    0.5

    do not wish to

    purchase any new

    printer

    new to the market satisfied with existing

    printer

    reasons

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    GENDER OF THE RESPONDENTS

    INTERPRETATION

    I have analysed that male was more then female because of data base given to me. The

    interview I have taken was more of IT heads that is why the number of female respondents

    are less.

    Gender of the respondents

    Male

    Female

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    OCCUPATION OF RESPONDENTS

    INTERPRETATION

    I have analysed the data given to me in that the maximum number of respondents was

    Directors of an organisation and IT head of an organisation.

    0

    2

    4

    6

    8

    10

    12

    14

    16

    Factory owners Outlet owner Directors IT head Others

    Respondants

    Respondants

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    PRODUCT QUALITY

    INTERPRETATION

    As data, I have analysed most of the respondents were fall in under best category. It says that

    the product quality of Office-jet pro printer was as per the customer need and wants.

    0

    2

    4

    6

    8

    10

    12

    14

    16

    18

    WORSE GOOD BEST EXCELLENT

    RESPONDENT 1

    RESPONDENT 2

    RESPONDENT 3

    RESPONDENT 4

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    4. FINDINGS

    Some of the customers were well satisfied with their printers and some were not

    satisfied with the services provided by their printer i.e. laser, ink-jet or dot-matrix printer.

    Pricing strategy of Office-jet pro printer is not fluctuating like other printers.

    There are large number of customers were satisfied due to the elements and features

    of the Office-jet por printer

    The customers those who used the functions like copy, scan fax are giving more

    preference to the office-jet pro printer.

    People get to know about the services provided [like good quality, 50% less

    consumption of papers and energy than other printer] by the Office-jet pro printer.

    it provides professional colour print at lower cost.

    The customers those who used the printers are giving more preference to the office-jet

    printer. People get to know about the printer by internet, pamphlets, so it states that company

    put more attention towards internet and pamphlets rather than any other media.

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    6. SUMMARY AND CONCLUSION

    I-TOPS [I-Gate] was doing well enough to provide its service to people of Mumbai but area

    allotted to me was neither bad nor good but people of govandi was not liking this innovative

    idea.

    The response of I-TOPS COMPANY was all positive in area like Andheri, Vashi and

    Belapur. The only reason was the income level of people working in these area was high..

    The people who are working in these area were Gujrati, Maharashtrian and Muslim having

    high income. These people are mostly involved in using Office-jet pro printers due to their

    functions due to which all the results were positive.

    Office-jet printer produced by I-Gate company is beneficial for all business as it consumes

    50% less energy and papers than Laser printer and it provides professional colour print at

    lower cost.

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    6. RECOMMENDATION

    ProjectI-TOPS

    It is very challenging idea created by I Gate company but not impossible they can

    get success in this idea only when they will concentrate on area which is suitable.

    Are like Dombivli and Kurla, which were allotted to me was not suitable but area like

    Vashi and Belapur were very much suitable for implementing this idea.

    Firstly, they should increase the promotional strategies, because most of the

    customers are not aware about office-jet pro printer.

    Secondly, most of the people do not know about the functions of office-jet pro

    printer, so before implementing this idea they should do some marketing activity

    through which customers can get idea about the functions and features of office-jet

    pro printer.

    Idea can be successful only if they will concentrate area wise segmentation.

    Customers of office-jet pro printer can be satisfied with these following reasons:

    Poduct should not be damaged

    Poduct should not be defective

    Product should be as per specification

    Partial product should not be delivered

    Order should be delivered on time

    Received the product with the bill

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    7.ANNEXURE

    Do you have printer in your organisation?

    Yes

    No

    If yes, then which printer do you have in your organisation?

    Dot matrix

    Ink jet

    Laser printer

    Office jet

    How many printers do you have in your organisation?

    Number -

    What was the total investment made by your organisation on printers?

    Amount - .

    Does your organisation use colour in the printed material?

    Yes

    No

    If no, then could you please tell me what are the reasons for not using colour in your printing

    material?

    Cost of colour cartridge is high

    Volume of text documents is high

    Colour ink gets over soon when compared with black ink

    Maintenance cost is high for a colour printer

    Other

    Are you planning to buy any new printer in next one year?

    Yes

    No

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    If yes, then how many printers are you planning to buy in next one year?

    Number -

    Which brand of printers did you install in your organisation?

    Canon

    Epson

    HP

    Xerox

    Other

    what are the applications for which your printers are used in your organisation?

    Printing bills

    Printing receipts

    Printing notices

    Printing reports

    Printing letters

    Printing ledger

    Printing pictures

    other

    Could you please tell on an average how many of the following type of cartridge do you use

    in a month?

    Black and white

    Colour -

    Can you tell me on an average how many bundles/rim of printer paper dose your

    organisation use in a month?

    Number -

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    Office jet pro printer

    Will were you aware of office jet pro printer earlier?

    Yes No

    How likely are you to purchase this printer for your organisation when you purchase a

    printer?

    Extremely likely

    Somewhat likely

    Neutral Somewhat unlikely

    Not at all likely

    What is the most compelling reason for you to consider purchasing an OJ pro printer?

    Affordable price

    Low cost of ownership

    Can take colour printouts at an affordable cost

    It offers a lot of features

    It helps to save energy and resource

    Other

    What is the reason for you to not consider purchasing OJ pro printer?

    Do not wish to purchase any more printer

    Its new to the market

    I am very satisfied with my existing printer

    Other

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    8. BIBLIOGRAPHY

    http://www.wikipedia.org/

    http://www.google.com/

    http://www.imrbint.com

    Kotlar Philip, Marketing Management, Twelfth Edition, Published by Prentice Hall

    India ltd, New Delhi, 2011.

    T.N Chabra, Marketing Management, Third Edition, Published by Himalaya

    Publication, Mumbai 2010

    http://www.wikipedia.org/http://www.google.com/http://www.imrbint.com/http://www.imrbint.com/http://www.google.com/http://www.wikipedia.org/